12 May 2026
ELECTRONIC CONTROL TECHNOLOGY LTD v. COBO ASIA LTD AND ANOTHER
- Citation
- [2026] HKCFI 2696
- Court
- Court of First Instance
- Case number
- HCMP362/2021
Court found that directors Cozzi and Linetti breached fiduciary duties by approving Resolution 1 which cut the Company out of the supply chain for Family Products without considering Company’s separate interests or adequate justification, constituting unfairly prejudicial conduct warranting a buy‑out; other alleged diversions after the premises closure were justified due to operational necessity and did not amount to breach; contractual restraints (NCA, art.8.1 Labour Contract, SHA covenants) were invalid or unenforceable (no consideration and/or unreasonable); many claims by Majority Camp ag…